Find out truth about IQ Option Binary Broker in our Review!

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo

    2 place in the ranking!

IQ Option Review


If you are an options trader and seek for a trusted and reliable partner, then IQ Binary Options broker can be your choice. It can make a vivid difference and you will see how improved your trading with this broker may look. Read our review, if you want to learn more.

Min. Deposit: $10 Demo: Yes

Platform: Custom Bonus: N/A

Regulation: CySEC US Clients: No


Honest IQ Option review: About the Company

The amount of information given on the broker’s website looks satisfying enough. Well, the company was established in the nearest past, in 2020. The address states that the main office of IQ Option i located on 152 City Road, Kemp House, London EC1V2NX, although it is Cyprus based binary options broker. The company itself is owned by Iqoption Europe Ltd, Cyprus. The website has not only great design, but it is user-friendly. IQ Option supports 12 foreign languages, among which are: English, Turkish, Chinese, Spanish, Portuguese, Indonesian, Russian, Italian, German, Korean, French and Swedish. On a side note, this broker does not accept US clients.

It does not matter how proficient you are. If you are new to binary options, there is a lot of different educational tutorials and outstanding educational video content here.

IQ Option binary is not only regulated by CySEC, but also has even some rewards, despite the fact that they have been in the play for only 2 years.

IQ Options Accounts reviews

At this broker, you are offered 3 account types. They include:

  • Demo
    Demo account is absolutely free, you are given $1000 virtual money. The number of assets available is 13. Indeed, trading opportunities are limit at this account type. Trading without real money is a good opportunity to backtest the trading platform and broker’s services as well.
  • Real
    Well, the minimum deposit is so little comparing to other brokers – only 10$. In Real account type you are offered with over 70 assets. If you accidentally make a wrong prediction, you will receive up to 45% return. Moreover, you gain a full access to all trading opportunities as well as trading with real money. What’s more, you can obtain bonuses up to 80% on each deposit you make. There is a specific feature at IQ Binary – you can participate in trading competitions, in paid and free ones. If you are the owner of the Real account type, your withdrawals take 3 days to be processed.
  • VIP
    VIP account is the most lucrative at this broker. The minimum deposit at this account is evaluated $1,000. Again, you are offered with more than 70 assets available for trading. There is no need to tell that you gain full access to trading opportunities. Bonuses here are even more generous – up to 100% on each deposit made. Except for participation in trading competitions, there are some exclusive features at VIP account. Your withdrawals are processed within 1 day only. Furthermore, you can receive monthly analysis of your trading with IQ Option analysts in a couple with the assistance of your personal manager.


IQ Options Trading Conditions

Generally, an option could be based on any type of assets traded, freely traded on national and even world exchanges and markets. We may define the following options presented by IQ Option:

  • Stock Options
  • Currency Pairs
  • Indexes
  • Commodities or metals

IQ Option review found out that the whole amount of assets available comprises even more than 70!

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo

    2 place in the ranking!

IQ Options Trading Platform

IQ Option has developed proprietary trading platform, showing top-quality performance. It is user friendly and very intuitive and almost all IQ Option reviews can confirm this. You do not have to be professional trader to understand this platform. It is unique and differs from the majority of platforms utilized daily. We have personally tested it and may say that is has been a pleasant experience.

On this trading platform you can trade both typical binary options of multiple assets such as indices, currencies and equities and also turbo options that are now gaining popularity among traders around the globe.

But that is not all. If you do not like to sit in front of your computer, then mobile trading is just for you. There are many IQ Option reviews, which outline that you can trade via mobile trading platform functioning greatly on devices using Android or IOS operating system. All you need to is just go either to Google Play or AppStore.

IQ Option Deposits and Withdrawals

IQ Option has developed a nice system of deposits and withdrawals. You can deposit your account by using one of the payment methods: credit/debit card, electronic payment systems like WebMoney, Qiwi and also wire transfers.

As for the withdrawals, they are performed exactly as deposits, although wire transfers are not available here. The fixed time needed to process your withdrawal orders depends on the account type you currently have.

IQ Option Customer Support

Our IQ Option review ensured that the customer support is just brilliant at this broker. You are granted all means of communication: web forms, emails, different phones, live chat and Skype as well. Traders can receive answers from or directly contacting members of support who may know their native languages, not only English. You can definitely expect very detailed and explicit answers to all your questions or solutions to the problems. Dealing with efficient and trained staff is always pleasant, and this binary broker can offer you that.

Customer Support is always swift, you do not have to wait long to contact it.

IQ Options Account Application

If you are bored with going through lingering registration process, then IQ Option is exactly for you. Account application is simpler than ever with the minimum amount of information required. IQ Options knows that you are first of all interested in trading options, and thus provides you with comfortable conditions even in opening an account.

IQ Option Review Conclusion

IQ Binary can provide you with one of the best services. Their five-star trading platform with a huge amount of tradable assets is undoubtedly the reason to choose this options broker. If you consider IQ Option to be appropriate for you, then do not wait – sign up!


Find out truth about IQ Option Binary Broker in our Review!

Vous pouvez trouver autant de produits électroménagers haut de gamme récents que des appareils de 8 à 12 ans en excellente condition.


Nous recevons plusieurs livraisons à chaque jour, ce qui nous permet de fournir des lots mélangés en fonction de vos besoins

Transport & marchandises

Par exemple, nous sommes l’acheteur et distributeur exclusif pour tous les électroménagers ‘scratch & dent’ pour la marque GE au Canada.

A 5h de route de Montréal
Venez visiter notre entrepôt
Pieds carrés
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Des clients satisfaits

Annick Propriétaire d’Electro Depot

Après seulement 2 ans dans la revente d’électroménagers usagés, merci à Toronto Appliances, notre entreprise familiale a grossi jusqu’à une boutique de 4000 pieds carrés à Victoriaville en plus d’un entrepôt de 3000 pieds carrés.

Les appareils déjà réparés et garantis qui nous sont expédiés régulièrement nous assurent de ne jamais rater de vente. Le tout, avec un très faible nombre d’appels de service.

Nous avons maintenant entrepris l’ouverture d’un autre magasin de 6500 pieds carrés, cette fois à Drummondville, pour aider à combler la demande pour des appareils de luxe à bas prix. Toronto Appliances sera encore notre principal fournisseur d’appareils usagés de qualité.

IQ Option Broker Review

IQ Option is a regulated and award-winning online broker that enables customers to trade a wide range of instruments and underlying assets. Operated by IQ Option Ltd, the licensed broker offers it services to traders across the world.

It is important to note that IQ Option is one of our top and most highly recommended brokers for investors in South Africa.

One of the most interesting things about IQ Option is their incredibly low minimum deposit. You can start trading with only $10 and get access to a proper live account.

Read our full review on one of the most famous brokers out there, or skip straight to the part you are interested in below:

*The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

IQ Option Trading Platform and Versatile Assets

While they originally started as a binary options broker, they quickly became a broker that has it all, from CFDs/Forex and Classic Options trading. This makes them one of the most versatile brokers for online trading. Basically, whichever instrument or underlying asset you can think of – they have it.

The minimum trade price is $1 for binary options and digital options, and $20 for forex and CFDs. The maximum option price is $5,000. If the trader wants to place multiple trades with a variety of instruments, it’s not a problem with IQ options’ platform. All they need to do is select the asset in the upper left corner and the instrument below.

Currently available instruments are:

  • Binary Options
  • Forex CFDs
  • Cryptocurrency CFDs
  • Classic options
  • Stock CFDs
  • FX options

With IQ Option, traders can place trade contracts and options based on numerous stocks, currencies, commodities and indices. There are more than 500 underlying assets, to be exact.

Specifically, there are currently 90 currency pairs available, including all the most popular cryptocurrencies like Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, IOTA, Dash, Ethereum Classic, Monero, OmiseGo, Zcash or Santiment. Of course, these currencies also include EUR, USD, GBP, RUB, AUD, CAD, NZD and Yuan.

Tip: Check out what Twitter CEO Jack Dorsey recently said about Bitcoin and how you can properly trade Bitcoin CFDs at IQ Option.

IQ Option also recently expanded their asset collection by adding cannabis stock CFDs, which have become increasingly popular in the online trading market. Examples of marijuana stocks you can trade at the IQ Option are: Aurora Cannabis Inc, Canopy Growth Corp, Cronos Group Inc, GW Pharmaceuticals – Adr, Tilray Inc-Class 2 Common, Anheuser-Busch Inbev-Spn Adr, Etfmg Alternative Harvest and many more.

As for leverage, IQoption offers leverage on up to 20x for stock CFDs and FX trading of up to 1000x – known as the 1000x multiplier. IQ Option advises customers to use this tool only if they fully understand that higher leverage may mean higher returns, but can also result in higher losses.

IQ Option really is a one-stop-shop for online trading.

IQ Option Unique Trading Platform

Unlike so many other brokers in the industry, IQ Option uses its own software, the IQ Option platform, which they continue to update regularly.

The IQ Option platform is highly developed and entirely user-friendly, so all traders should be able to easily navigate through the site and trading room. This easy-to-use interface allows investors to trade in the office, at home or on the move through their mobile platform.

IQ Option is currently responsible for more than $11 billion worth of trades every month, so it has a proven track record of making trades as simple as possible.

One thing is certain: IQ Option offers the ultimate trading experience for everyone – no matter your experience.

How Do I Trade on the IQ Option Platform as a Beginner?

One thing that makes the IQ Option interface so easy to use is the fact that all of the trading instruments are available on exactly the same dashboard.

All you need to do is:

  1. Select an asset you want to trade
  2. Predict this asset’s direction
  3. Make an investment
  4. Close the position

Binary options trading is even easier, because the trades close themselves automatically when the expiry time has been reached.

Throughout this entire process, IQ Option offers many charts that display the most recent market trends, so users can make judgment calls with the most recent data at hand. There is also always the option to set your Stop Loss and Take Loss Profit — so there’s no need to constantly monitor trading positions.

For more details and a visual guide on how to trade with IQ Option, check out the video above.

In addition, their platform is multilingual and available in English, Italian, German, Russian, Spanish, Turkish, Portuguese, Chinese, French, Swedish, Korean, Arabic and Indonesian.

With the quality of their services and their up-to-date customer support, it shouldn’t come as a surprise why this broker is so popular among traders worldwide.

What are IQ Option Price Alerts?

To make your life easier, IQ Option recently added a brand-new feature to their trading platform: price alerts. Price alerts automatically notify you when an asset has reached the price level you want.

Part of being a successful trader is knowing when to act, in other words when to buy or sell an asset. No one wants to be glued to a screen staring at charts and financial market news all day. Thanks to IQ Option’s price alerts, all you need to do is set up an alert for the assets you want and IQ Option will automatically track them and send you a notification when the price you were waiting for is reached.

To set up an alert:

  1. Select an asset
  2. Click “Create alert”
  3. Set the price you want to be notified for

Getting Started – IQ Option Trading Accounts

Registration with IQ Option is completely free, and all South African traders can get started with a deposit as low as $10.

Even so, anyone can experience what this powerful trading platform has to offer without spending a penny, through their free demo account.

IQ Option Free Demo Account

All registered South African users have the option of trading with a free practice account, before depositing any money. This means beginners get to learn the basics of online trading entirely risk-free. Experienced traders, on the other hand, have the ability to fully test the IQ Option platform before investing any real money.

The IQ Option demo account gives South African traders $10,000 of virtual funds to practice with, which can be re-filled at any time.

Once investors have practiced and are ready to start trading for real, IQ Option offers two separate account types they can choose from: the Real Account and the VIP Account.

Real Account ($10 Minimum Deposit)

As mentioned before, South African investors can begin trading with IQ Option with the minimum amount of $10, which gives them full access to a Real Account and all trading instruments and services. The number of assets available are 500.

South African traders also have option to participate in different trading competitions and access their numerous trading tools.

All withdrawals can take up to 24 hours.

VIP Account ($3,000 Minimum Deposit)

In order to access the VIP Account, a minimum deposit of $3,000 is required.

In return, South African traders get VIP access to a variety of useful trading instruments and special features, such as:

  • Higher profitability rate (3% advantage)
  • Personal VIP account manager
  • Free tournament participation

IQ Option Education Resources

Trading global currencies can be a daunting prospect for beginners, but IQ Option has the education resources available so that even complete trading newbies can fully understand and be able to take advantage of all that IQ Option has to offer.

Besides their free practice account that is available to all South African registered users, IQ Option offers various video tutorials which allow investors to hone skills and master the mechanics of online trading.

One of the main reasons for the rising popularity of IQ Option among ordinary investors is also the community spirit it offers. If you are not sure or want to ask anything, you can always call upon support or get advice from industry professionals and fellow traders. The best part is that you can do this all directly through the IQ Option platform.

IQ Option Affiliate Program

Besides earning a spot as South Africa’s top online trading broker in our awards, IQ Option also has one of the best affiliate programs in online trading.

An affiliate program is for South African users who are not looking to trade with IQ Option themselves – but partner with them. As an IQ Option affiliate, you have the opportunity to earn up to 70% of profit by promoting the award-winning broker on your blog or website.

All you need to do is:

  1. Join the IQ Option affiliate program
  2. Get your own affiliate link
  3. Post this link on your blog or website as an ad
  4. Earn up to 70% of commission when a user clicks on your link and starts trading with IQ Option

Your earnings will then be transferred twice a month via your preferred payment method.

For more details on the IQ Option affiliate program and how to make up to 70% of profit, read our IQ Option affiliate program review.

How to Contact IQ Option

The customer support team at IQ Option is available 24/7 through email ([email protected]), phone or online web form.

Unfortunately, there is no South African number available, but we listed the numbers that did find on their website below.

IQ Option also offers a live chat, which is available for all South African users on their platform.

IQ Option Deposit and Withdrawal Methods

IQ Option takes the security of all its traders very seriously and presents no difficulty throughout the deposit and withdrawal process – which many traders already know can be a frustrating common practice when it comes to other brokers.

With IQ Option, the estimated time of withdrawal is one business day. The minimum withdrawal amount is $2, due to commissions. IQ Option offers deposits in South African Rand, as well as many other currencies. Check out the table for more information on minimum deposits.

By trading in South African Rand, you can easily avoid those pesky conversion rates!

As for deposit methods, South African traders can use different payment options, including:

  • Debit (Maestro and Visa Electron)
  • Credit cards (Mastercard and Visa)
  • Bank wire
  • e-wallets (Skrill Moneybookers, QIWI, WebMoney, iDeal, Neteller, FasaPay, Boleto and CashU)

Their entire payment procedure for South African users is explained in detail on their site, which is very important because it is an immediate indicator of a transparent business.

Is IQ Option a Scam?

The question of whether IQ Option is a scam can be found through various traders who have commonly been scammed by other companies and are afraid to invest their money again.

The truth is that IQ Option is one of the best choices of regulated brokers out there and has won awards for their innovation, regulation and success. This broker is fully licensed, which means that they completely follow all regulations and practices that ensure trader’s protection – which they in turn take very seriously.

In addition, they have a fast-growing online trading platform that caters to absolutely anyone.

Don’t believe us? Let the numbers speak for themselves:

IQ Option is home to more than 20 million active traders worldwide. The IQ Option platform processes around 3 million transactions per day, while the money withdrawn by IQ Option traders every month has risen from $500,000 in 2020 to $5.7 million by the end of 2020.

The fact is we have received no complaints regarding this broker, so we can confidently say that IQ Option is not a scam. South African investors can trade in peace knowing that they are trading with one the most famous licensed brokers worldwide.

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo

    2 place in the ranking!

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